BHEL bags Rs.20.3 bn equipment supply contract
State-owned power equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) will supply equipment worth Rs 20.3 billion ($507.5 million) to the envisaged 1,000 MW Nabinagar thermal power project in Bihar.
"The order has been placed on BHEL by Bhartiya Rail Bijlee Co Ltd, a joint venture formed by central utility National Thermal Power Corp (NTPC) and Indian Railways to implement the project," BHEL said in a statement.
"The company has won the project in an international competitive bidding," it added.
"The project will comprise four units of 250 MW each. BHEL has agreed to commission the entire envisaged power generation capacity of the project by March 2012," the company said.
"The proposed plant will generate 24 million units of electricity a day on commissioning," it said.